Indian Aluminium Firms Face Crisis: MSMEs Plead for Urgent Import Duty Cut!

Overview

The Aluminium Secondary Manufacturers Association (ASMA) has formally requested the Indian government to reduce the import duty on primary aluminium. They argue that the current 7.5% duty, combined with pricing models, makes downstream industries, especially MSMEs, uncompetitive due to high input costs, threatening their viability and market access both domestically and internationally.